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Reply #19: Recession ended December 2001... [View All]

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many a good man Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-07-03 10:40 AM
Response to Reply #16
19. Recession ended December 2001...
...officially. This IS the recovery!

I agree with all your points, though.

This is almost the best we can hope for without fundamental change. Raising taxes on the upper brackets, of course, will do a little more good than what we have now but not enough. The question is how to do anything without exploding the deficit to the point where its impact gets felt sooner rather than later.

A rinky dink jobs program is not the answer; it has to be a grander vision. Dems complaining about the state of the economy without a plan to really address the underlying issues will not gain traction anywhere. Greenspan's bag of magic tricks is only creating bubbles and putting off the day of reckoning.

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